Financial
Distress signals
Property profile

4738 SE Belmont St Portland, OR 97215

FOR SALE
Other apartment buildings
Property ID
US71-1673600
11,473 SF 0.12 ac lot Built 2023
Last sale Jun 2019 · $540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a newly constructed, modern multi-family apartment complex with 20 residential units and a mixed-use component that includes a 1,124 square foot retail space. The residential mix consists of studio and one-bedroom units, and the building covers a total area of 9,690 square feet. The units are configured with open-concept layouts and expansive ceilings designed to bring in natural light, and feature in-unit washer/dryer hookups, custom cabinetry, and stainless steel appliances,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$532k
Effective rate2.65%

Value estimate

· Sep 2026
$530k
$477k – $583k
Submarket $/SF estimate$1.82M
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$23k
Operating expenses−$78k
NOI · 2.73% cap applied$131k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$266/SF
Submarket average, outlier-cleaned · 440 recorded sales of this use type
Observed band · Q1–Q3$159 – $395
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.73%
$131k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.8
Laundry Service10.4
Carpet & Flooring Store10.3

Location

4738 SE Belmont St Portland, OR 97215
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1904 80th, Portland, OR 97215-3630 $1,625,000 Dec 2024 8,231 SF
7640 Yamhill, Portland, OR 97215-3076 $1,300,000 Apr 2024 9,988 SF
1825 50th, Portland, OR 97215-3235 $5,200,000 Jun 2022 14,569 SF
4831 Burnside, Portland, OR 97215-1176 $2,800,000 Jan 2021 17,381 SF
4435-4437 Belmont, Portland, OR 97215 $1,585,100 Nov 2020 8,952 SF
5112 Burnside, Portland, OR 97215-1153 $565,000 Nov 2019 8,676 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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